GARNOCK VALLEY CAR COMPANY LIMITED

🌳Matureactive
SC349872 · ltd · incorporated 2008-10-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 17.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2024
Net worth
£-53.4k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45200SIC 45200
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 17.2y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 17.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £53,370

Key financials

1 year extracted from filed iXBRL accounts
Cash
£117k
Net Worth
-£53k
Current Assets
£159k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-31
Total assets£-42.4k
Current assets£158.6k
Cash£116.8k
Debtors£5.5k
Net assets£-53.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-08-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-03-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-17
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2024-07-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2024-07-11
    🔓
    Charge satisfied #1
  7. 2024-07-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2024-07-10
    🔓
    Charge satisfied #2
  9. 2024-02-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2024-02-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2024-02-29
    🔓
    Charge satisfied #4
  12. 2024-02-29
    🔓
    Charge satisfied #3
  13. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-02-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-08-15
    📄
    capital-allotment-shares
    capital · SH01
  19. 2019-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2017-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2009-10-26
    🔒
    Charge registered #4
    Lender: Fce Bank PLC
  23. 2009-10-26
    🔒
    Charge registered #3
    Lender: Fce Bank PLC
  24. 2009-03-05
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Scotland PLC
  25. 2009-02-20
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Scotland PLC
  26. 2008-10-14
    🏢
    Company incorporated
    As GARNOCK VALLEY CAR COMPANY LIMITED
  27. 2008-10-14
    ➕
    MACGILL, Chrisann appointed
    director
  28. 2008-10-14
    ➕
    MACGILL, Compton Joseph appointed
    director
  29. 2008-10-14
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  30. 2008-10-14
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  31. 2008-10-14
    ➕
    MABBOTT, Stephen George appointed
    director
  32. 2008-10-14
    ➖
    MABBOTT, Stephen George resigned
    director

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Chrisann Macgill
Individual · British · DOB 09/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Compton Joseph Macgill
Individual · Scottish · DOB 07/1958 · age 68
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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CAROMA DETAILING LTD→
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————1y——
CUNNINGHAM AUTO CARE LTD→
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————3y——
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SC854800 · est 2025 · no financials extracted
———————
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SC878574 · est 2026 · no financials extracted
———————
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————2y——
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SC692909 · est 2021 · no financials extracted
————5y——
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SC422256 · est 2012 · no financials extracted
————13y——
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————8y——
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INGRAM MOTORING GROUP LIMITED→
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2008-10-14
Jurisdictionscotland
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

19 Holmhead
Kilbirnie
KA25 6BW
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (2 active · 2 resigned)

MACGILL, Chrisann→
director · ~63y · appointed 2008-10-14
View their other companies + combined net worth →
Active
MACGILL, Compton Joseph→
director · ~68y · appointed 2008-10-14
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2008-10-14 · resigned 2008-10-14
Resigned
MABBOTT, Stephen George→
director · ~76y · appointed 2008-10-14 · resigned 2008-10-14
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Fce Bank
Fce Bank PLC
Bond & floating charge1 property26/10/200929/02/2024
satisfied
Fce Bank
Fce Bank PLC
Bond & floating charge1 property26/10/200929/02/2024
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property05/03/200910/07/2024
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Bond & floating charge1 property20/02/200911/07/2024

Recent filings (65 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-06
change-account-reference-date-company-previous-extended
accounts · AA01
2024-10-17
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-11
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-10
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-29
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14